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REQUIREMENTS |
SRRV SMILE |
SRRV CLASSIC |
SRRV HUMAN TOUCH |
SRRV COURTESY |
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1. Age and Visa Deposit |
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35 Years Old & Above - US$20,000.00
NOTE: Additional Visa deposit - US$15,000.00 per dependent in excess of two (2). |
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35 - 49 Years Old - US$50,000.00
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50 Years Old & Above:
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Without Pension - US$20,000.00
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With Pension - US$10,000.00
NOTE: Additional Visa deposit - US$15,000.00 per dependent in excess of two (2).
Show proof of monthly pension remitted to the Philippines (US$800.00 for single applicant and US$1,000.00 for married couples)*
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35 years old & above = US$10,000.00
NOTE:
Retiree must:
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Be shown to have a pre-existing condition (except contagious diseases) and in need of medical care and services.
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Show proof of monthly pension remitted to the Philippines equal to at least US$1,500.00.
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35 Years Old and above for Former Filipino citizens = US$1,500.00
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50 Years Old and above for Ambassadors / Retired Diplomats who served in the Philippines = US$1,500.00
NOTE: Additional Visa deposit - US$15,000.00 per dependent in excess of two (2) except for Former Filipinos.
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2. Convertibility of Deposits |
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LOCKED-IN in the bank.
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Inconvertible into investment.
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Intended for end of term needs and obligations of retiree.
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Withdrawable upon cancellation of SRR Visa.
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May be converted into investments.
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Total amount of Investment must be at least US$50,000.00 for conversion to be allowed.
NOTE: For investment in condominium or long-term lease of House and Lot, units must be Ready For Occupancy. |
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Same conditions prescribed under SMILE enrolment program.
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May be converted into investments.
NOTE: For investment in condominium or long-term lease of House and Lot, units must be Ready For Occupancy. |
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3. Application Fees |
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US$1,400.00 for the Principal
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US$300.00 for each Spouse/Dependent
NOTE: One-time payment only. |
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US$1,400.00 for the Principal
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US$300.00 for each Spouse/Dependent
NOTE: One-time payment only. |
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US$1,400.00 for the Principal
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US$300.00 for each Spouse or Dependent
NOTE: One-time payment only. |
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US$1,400.00 for the Principal
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US$300.00 for each Spouse/Dependent
NOTE: One-time payment only. |
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4. Monetary Obligation/s |
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US$360.00 Annual PRA Fee (APF) for Principal, Spouse, and (1) Childupon enrollment and every year thereafter.
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US$100.00 for each dependent in excess of two (2).
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US$360.00 Annual PRA Fee (APF) for Principal, Spouse, and (1) Childupon enrollment and every year thereafter.
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US$100.00 for each dependent in excess of two (2).
NOTE: Previous fees, i.e. Visitorial Fee, Harmonization Fee & Management Fee are deemed waived. |
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US$360.00 Annual PRA Fee (APF) upon enrollment and every year thereafter.
NOTE: To cover one (1) dependent only. |
1. US$10.00 Annual PRA Fee (APF). |
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5. Depository Bank |
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PRA Designated Banks
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PRA Designated Banks
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PRA Designated Banks
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PRA Designated Banks
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6. Bank Account Name |
1. PRA |
1. PRA |
1. PRA |
1. PRA |
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7. Documentary Requirements |
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Duly accomplished SRRV Application Form.
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Original Passport with Valid Entry Visa
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Medical Examination Clearance
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Police Clearance and National Bureau of Investigation (NBI) Clearance
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ID Pictures - twelve (12) pieces of 2"x2"
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Additional Proof of Relationship for joining SPOUSE / CHILD.
NOTE: All documents obtained / issued abroad must have an English translation and duly authenticated by the Philippine Embassy / Consular Office. |
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Duly accomplished SRRV Application Form.
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Original Passport with Valid Entry Visa
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Medical Examination Clearance
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Police Clearance and National Bureau of Investigation (NBI) Clearance
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ID Pictures - twelve (12) pieces of 2"x2"
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Additional Proof of Relationship for joining SPOUSE / CHILD.
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Pension Documents*
NOTE: All documents obtained / issued abroad must have an English translation and duly authenticated by the Philippine Embassy / Consular Office. |
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Duly accomplished SRRV Application Form.
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Original Passport with Valid Entry Visa
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Medical Examination Clearance
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Police Clearance and National Bureau of Investigation (NBI) Clearance
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ID Pictures - twelve (12) pieces of 2"x2"
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Health Insurance Policy
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Pension Documents
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Additional Proof of Relationship for joining SPOUSE / CHILD.
NOTE: All documents obtained / issued abroad must have an English translation and duly authenticated by the Philippine Embassy / Consular Office. |
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Duly accomplished SRRV Application Form.
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Original Passport with Valid Entry Visa
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Medical Examination Clearance
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Police Clearance and National Bureau of Investigation (NBI) Clearance
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ID Pictures - twelve (12) pieces of 2"x2"
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Additional Proof of Relationship for joining SPOUSE / CHILD.
NOTE: All documents obtained / issued abroad must have an English translation and duly authenticated by the Philippine Embassy / Consular Office. |
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8. Payor |
1. Principal Retiree or his Authorized Representative. |
1. Principal Retiree or his Authorized Representative. |
1. Principal Retiree or his Authorized Representative. |
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